For India, IMF has maintained its growth estimate at 7% for 2024-25, followed by 6.5 per cent next year. Slowdown from 8.2% growth in 2023 is attributed to exhaustion of pent-up demand.
Speaking at an event at Delhi School of Economics, IMF's First Deputy Managing Director also points out that reforms like investment in education, infra, health should be increased.
India participated in BRICS Foreign Ministers’ Meeting which began in Russia Monday, the first assignment for India’s foreign policy under third consecutive term of PM Modi.
Pakistan needs to arrange rollover commitments from bilateral partners for all loans maturing during the IMF period. Perhaps this is the real agenda of the China trip, and why it had to take priority over the budget.
According to the IMF, Ukraine's 48-month Extended Fund Facility Arrangement (EFF) has been successful in providing a strong anchor for the country's economic program.
The 2024 Article IV consultation discussions have now ended with the signing of a staff-level agreement between the IMF senior mission chief and the deputy mission chief.
The Southeast Asian theatre is central to the Great Power contest between the US and China. It’s also a landscape where middle powers—France, the UK, Turkey—are shaping the strategic environment.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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